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CPAs Provide Six Ways to Replenish the Talent Pipeline

CPA Practice

As the accounting profession continues to grapple with a shortage of new CPAs and fewer accounting graduates , an independent national advisory group has published six draft recommendations in a new report on what the profession can do to restock its pipeline with young talent. NPAG says in the report.

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Accounting Advisory Panel Releases Action Plan to Address Talent Shortage in Profession

CPA Practice

The proposals fall within six broad themes and target audiences that range from high school students to accounting professionals who have spent five years or less on the job. More formalized support options should also be expanded to encourage students to stick with accounting programs. Make the academic experience more engaging.

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AICPA News – Feb. 2024

CPA Practice

AICPA Shares Plan to Strengthen Accounting Pipeline According to the American Institute of CPAs ‘ 2023 Trends Report, bachelor’s degree completions in accounting dropped 7.8% Meanwhile, 60% of firms surveyed reported that they expected to have the same or higher number of CPAs on staff in 2023 compared to 2022.

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